This article explores an examination of industry clusters from a systems perspective. We analyze Russia’s pharmaceutical clusters and India’s automobile clusters in terms of the systems concepts of holism, emergence, and open systems. We further consider the aspects of human capital...

Mass markets in emerging economies are considered to be the largest untapped markets on earth with substantial business opportunities. Emerging economies are characterized by weak institutional context. How to manage the institutional challenge to innovate remains largely unexplored in the...

Benefit corporations are a business entity essentially is a for-profit business with additional rules and regulations with little regulatory benefit. Benefit corporations do not receive tax breaks, offer no tax benefits for donors, do not have extra opportunities for funding, and receive no...

Purpose This paper aims to identify the innovation strategies of the most successful organizations and demonstrate how business organizations can outperform their rivals. Design/methodology/approach This paper is based on a review of “How successful organizations drive innovation” by Ikeda...

This paper describes how the development of the microelectronics industry in Taiwan has followed an evolutionary path that eventually led to the formation of the ‘Triple-alliance’. The ‘Triple-alliance’ model postulates that a nation's industrialization is fundamentally underpinned by...